Shipbuilding industry is one of the key industries in China and one of the key industries in Liaoning Province. In recent years, the bank has issued a total of about 3 billion yuan of loans to shipbuilding enterprises, mainly to support the

Construction contracts for 18 4600TEU container ships worth 4.5 billion yuan have been signed by ZhongGu Logistics. After the first order of 10 from Yangzijiang Shipbuilding earlier this month, ZhongGu Logistics has finally placed an order

Indian Register of Shipping (IRClass) has successfully classedthree 8000DWT 122 m general cargo vessels for JSW Shipping Logistics Pvt. Ltd., a JSW Group Company. JSWGroup is a multi-billion-dollarconglomerate based in India and is involved

The incident on the CSSC Cape Town appeared to be in the area of the vessels forecastle, where the vessels anchor mechanism is housed. The injured crew were transferred to the Seville burns unit after sustaining 40% and 25% burns. Gibraltar

The largest U.S.-listed dry bulk shipping companies are buying up ships in the secondhand market in anticipation of higher rates ahead. During conference calls on Thursday, executives of both Golden Ocean (NASDAQ: GOGL) and Star Bulk (NYSE:

The China Tianjin Bulk Freight Index (TBI), an indicator of northern Chinas international bulk freight rates, stood at 1,003.03 points on Thursday, up 25.92 percent compared with the previous working day. The statistical samples of TBI cove

The composite index increased 1.1% this week, however, 213.9% up when compared with same period of 2020. The average composite index of the WCI, assessed by Drewry for year-to-date, is $5,246 per 40ft container, which is $3,586 higher than

Some voyages were suspended during the festival, and the composite index trended steady Ningbo Containerized Freight Index: In the week ending Feb-12, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quote

The BIMCO Maritime Information department informs members on a weekly basis, updates about the COVID-19 in relation to implementation measures imposed by governments for sea transport including for crew change as well as from the United Nat

Oil prices are back above $60/bbl, their highest level since January 2020, before the Wuhan lockdown. In normal times rising prices typically suggest robust oil demand and growing trade requirements, but of course these are not ordinary tim

As the shipping market booms, Taiwans shipping companies are accelerating their fleet expansion by buying ships and building ships. According to the data, the value of orders from Taiwans shipowners has exceeded US $7 billion, including 119

David Abel and his wife Sally might have had the cruise from hell last year on the coronavirus-hit Diamond Princess, but they cant wait to get back to sea. A year after the ill-fated ship went into quarantine off Japan, the cruise industry

The World Maritime Theme for 2021 is dedicated to seafarers, highlighting their central role in the future of shipping. IMO has chosen to make 2021 a year of action for seafarers, who are facing unprecedented hardship due to the COVID-19 pa

The draft amendments to the International Maritime Organizations mandatory rules on reducing carbon emissions in all ships globally, if adopted, are likely to be implemented from October next year and will be applicable to the worlds entire

Boating and fishing journalists, photographers and videographers were recognized today in an annual awards program conducted virtually by and for the membership of Boating Writers International (BWI) . In BWIs 2020 contest, presentations in